Total equity rose to N133bn from N126.6bn at the end of 2024, while liabilities increased to N314bn due to higher borrowings and tax obligations. Current liabilities accounted for the bulk of the debt at N263.5bn, driven by trade payables and current tax liabilities.
In terms of cash flow, the company recorded a net outflow of N3.5bn, with cash and cash equivalents closing at N4.9bn, down from N8.3bn at the end of 2024.
Dividends paid during the quarter amounted to N26.3bn, a significant rise from N11.3bn in the preceding year.
Transcorp Power Plc’s major shareholders as of the reporting period include Transnational Corporation Plc with 50.99 per cent, Rich Point Limited with 32.25 per cent, and Woodrock Energy Resources Limited with 6.4 per cent.